Message type: E = Error
Message class: J2 - Message Class for Development Class JBT
Message number: 681
Message text: &4 Position change &. Value of put warrants is greater than base value
An error occurred when using position change category 006 (exercising
of warrants/subscription rights).
When exercising put warrants of a position, the position value is
larger than the base value of the stock position (underlying). As a
result, in theory, an issue transaction of stocks (underlying) with a
negative value will be created by the system. (Base value of stocks -
value of the warrants < 0 ).
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Check the class data and the position value of the put warrants on the
key date.
Error message extract from SAP system. Copyright SAP SE.
J2681
- &4 Position change &. Value of put warrants is greater than base value ?The SAP error message J2681, which states "Position change &. Value of put warrants is greater than base value," typically occurs in the context of financial transactions involving derivatives, specifically put warrants. This error indicates that the value of the put warrants being processed exceeds the base value of the underlying asset or position.
Cause: Incorrect Valuation: The valuation of the put warrants may have been incorrectly calculated or entered, leading to a situation where the value exceeds the base value. Data Entry Errors: There may be errors in the data entry for the transaction, such as incorrect quantities or prices. Market Fluctuations: Rapid changes in market conditions can lead to discrepancies between the value of the put warrants and the base value.
Configuration Issues: There may be issues with the configuration of the financial instruments in SAP, leading to incorrect calculations.
Solution: Review Transaction Data: Check the transaction details for any data entry errors. Ensure that
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